๐ข JUST IN โ BlackRock Drops Major Statement!
๐ฌ โDollar-pegged crypto stablecoins like USDT and USDC could actually strengthen the U.S. dollarโs global dominance.โ ๐บ๐ธ๐ช
๐ According to BlackRock, if stablecoins are regulated properly (like under the GENIUS Act), they can:
โ Enable fast & cheap global payments
โ Increase worldwide demand for the U.S. dollar
โ Boost USD usage in emerging markets ๐๐ต
โ Anchor digital finance with tokenized U.S. treasuries like BUIDL ๐๐
โ ๏ธ But they also warned โ without transparency and regulation, stablecoins could become a systemic risk โ ๏ธ
๐ฃ Bottom line: Stablecoins arenโt just crypto tools anymore โ theyโre becoming the digital engine of the dollar ๐